Topic: where are you keeping your coins (1 aug) - page 2. (Read 3102 times)
For me, with the several threads I have read on the forum, I go the way of keeping it where I have the private key to the wallet which is why I am going the way of Electrum because it provides me with such opportunities which I am comfortable with as no one knows what will happen eventually post August 1.
what the title says 
Well, in preparation for the hard fork that will most likely be happening on August the first, I have done some distribution of funds into 3 different wallets. I have listed them below.
1. This is my offline storage or cold storage and I use a Ledgerwallet Nano S to store the majority of my bitcoin. I store approximately 60 percent of all my funds there and I would recommend doing the same. It is super safe and I have had no issues for my entire lifetime of using it.
2. For approximately 20-30 percent of my funds, I use Electrum since it is paper weight and you can also set custom fees. I use this account for shopping and buying stuff at a discount, say steam gift cards for 70 percent of it's value.
3. For my 3rd wallet, I use Electrum for mobile and there is around 10 percent of funds loacted there. I use this for when I am on the go, and making a couple of trades.
I mainly use cold storage anyways but I have a few coins spread across different hot wallets that I am going to have to consolidate before August 1st. The main one I need to move off of is coinbase. I don't have that much there (nor do I ever), but from what I have read so far, that said they were only going to support one form of the upgrade correct?
since there's a lot of warning came from theymos. so i think I'm just gonna put all my bitcoin in my trezor bitcoin wallet since there will be a huge events that will come up on bitcoin so i need to secure my bitcoin so im just gonna put it there 1st week before august 1. it's only above $100 but it's definitely worth it that's why i bought it. 
Right now I am holding my coins in a Blockchain.info wallet. I have the private key with me, but even then I will be moving my coins to a desktop wallet. I don't trust Blockchain.info. Recently, they are having a lot of issues, and some of the users were robbed of their hard-earned coins.
I'm looking to use electrum when august 1 comes but I'm also thinking to convert my btc balance for ETH for a while since I think ETH will be the next choice and maybe the price of it will pump since I think the conversion demand will rise since many traders nor people where unsure for btc in august time happening, But for now I will just watch on which are better choices since I'm making sure that my money is at safe wallet or coins when the split happens.
Ledger Wallet
In the wallet that provides the private key because if keeping in the wallet without holding the private key the bad risk is we may lose the bitcoins we keep, I think keeping in blockchain.info is also pretty good.
During the periods of crisis, cash is king.
I use an Electrum wallet with keys and seed stored in an encrypted document on pen drives in a few locations in case of disaster.
Feels safe enough.
Feels safe enough.
Bitcoin on Exodus, shitcoins on exchanges with profitable sell orders, i dont think that anything will happen but maybe some of them get pumped.
Im already sold my coins and now im earning again from trading and gambling 😂 Because im afraid to lose profit and im in need right now to pay some expenses its really hard to manage money that is why but for sure before that coming i already had bitcoin and waiting for the segwit to happen
The same with me mate, I already sold my assets from trading and hopefully next days I am exchanging my bitcoins to fiat cash to make it much more safer. So in the future price to rise significantly I can buy back and hold bitcoins for another long term investments. That will be the best ways to keep your coins and another altcoins, you must exchange it first and make it digital again after August 1.
I already withdrawed my bitcoins from online wallets and converted to fiat 
A very smart and sharp decision you made there, that's impressive.
For now my Bitcoin is still in coinbase, but before August first, I will sell them off or I use it to purchase altcoins.
This might not be impressive, but its what on my mind.
This might not be impressive, but its what on my mind.
I already withdrawed my bitcoins from online wallets and converted to fiat
I don't usually hold any bitcoins at all but I'll be saving a few bucks on my blockchain.info wallet just to see what's going to happen with them in the case of a split. 
Im already sold my coins and now im earning again from trading and gambling 😂 Because im afraid to lose profit and im in need right now to pay some expenses its really hard to manage money that is why but for sure before that coming i already had bitcoin and waiting for the segwit to happen
The safest way to keep your bitcoins is cold storage like hard wallet or paper wallets, 2nd choice is electrum wallet , personally i keep small amount of bitcoin on exchange for trading.
When have HardFork can split network blockchain Bitcoin, I think exchange site will turn down and offline all market. Because when try trading in this time, they will get error and loss Bitcoin of user. You can find in Poloniex blog they had said about this happens and the ways they will do
Keeping them in a local wallet just in case, only ever really keep a small amount on exchanges. I think it's the best thing you can do normally and especially over this uncertain period.
The safest way to keep your bitcoins is cold storage like hard wallet or paper wallets, 2nd choice is electrum wallet , personally i keep small amount of bitcoin on exchange for trading.
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